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General Mills Stands Out in a Weak Consumer Staples Sector

2015-06-29 18:45:19| Agriculture - Topix.net

NEW YORK -- Consumer staples companies have been a disapointment so far this year, with year-to-date gains of less than half of 1% compared to the 2% gains in the S&P 500 Known for its Cheerios cereal, Yoplait yogurt and other ready-to-eat foods, the Minnesota company will report fiscal fourth-quarter and full-year results Wednesday before the opening bell. Keep an eye on this stock as the company looks to reinvent itself at a time of declining cereal consumption by launching dozens of new products and marketing initiatives.

Tags: general consumer sector stands

FedEx shares tumble due to a weak quarter, disappointing outlook

2015-06-19 06:39:11| Air Courier - Topix.net

FedEx's latest quarterly results missed Wall Street expectations, as lower fuel surcharges and the strong dollar cut into revenue at its big express-shipping business. The package-delivery giant also announced an increase in the mandatory retirement age for directors, from 72 to 75. That would let Chairman and CEO Fred Smith stay on the board longer - he will turn 71 in August.

Tags: due quarter shares weak

Why Is Mattel Getting Weak?

2015-06-18 09:03:35| Toys - Topix.net

The toymakers are having a tough time selling their products. Despite an increase in consumer spending in the U.S., customers are unwilling to spend on traditional toys.

Tags: weak mattel

FedEx Earnings, Revenue Miss; Full-Year View Weak

2015-06-17 17:09:01| Air Courier - Topix.net

's fiscal fourth-quarter earnings and revenue missed Wall Street estimates Wednesday on lower fuel surcharges, and its full-year outlook was also weak. The shipping giant's Q4 adjusted earnings rose 8% to $2.66 per share.

Tags: view miss revenue weak